GTE is emerging as a new decentralized exchange aimed at competing with major centralized platforms such as Binance and Coinbase. The founders assert that it will be the fastest in its sector.
Speed and Decentralization of GTE
GTE's founders claim it is "the world's fastest decentralized exchange." The platform utilizes a central limit order book system that updates instantaneously and matches the speed of industry leaders. At the same time, GTE remains fully decentralized, ensuring users have non-custodial control.
Solving Core Issues in Crypto
GTE addresses key challenges faced by the crypto industry. Centralized exchanges necessitate "blind trust," which GTE eliminates. Traditional decentralized exchanges suffer from slow speeds and high transaction costs. GTE offers solutions to both problems, stating that "legacy blockchains fragmented user behavior."
Founders' Insights on GTE's Future
Co-founder Enzo Coglitore emphasizes that GTE has been redesigned to provide a smooth trading process. This aligns with their vision of creating a more efficient and accessible platform for users.
GTE aims to transform the decentralized exchange market by offering high speed and functionality without the need to trust centralized systems. This could mark an important step forward in the evolution of crypto trading.